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High End Real Estate

Santiago Office Glut Looms as Tallest Tower to Open: Real Estate
www.businessweek.com

Billionaire Horst Paulmann began developing South America's tallest tower in 2006, when economic expansion fueled by copper demand pushed Santiago office rents to a six-year high. He's completing it as vacancies soar. … In those municipalities, where …

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Developer misses court date
www.abqjournal.com

SANTA FE – A former luxury real estate developer facing fraud charges failed to show up for his arraignment Monday, and now there's a warrant out for his arrest. Santa Fe state District Court Judge Stephen Pfeffer rejected a waiver of arraignment that …

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Leading Edge: HCMC primed for rebound
www.property-report.com

Ho Chi Minh City's property market has slumped for two years amid an oversupply of new commercial and high–end residential properties, but real estate experts say the city's prospects are improving. Vietnam's recent macroeconomic indicators, coupled …

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District Likes Fit of Old Name
online.wsj.com

Other names considered and rejected would have embraced real–estate industry jargon, selling the neighborhood's proximity to other districts—Times Square South, North Chelsea and Midtown West. Simply embracing the old name isn't going to stop the …

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Woods Partners kicks off $36M Medical District project
www.bizjournals.com

The 212,632-square-foot building features high–end finishes including granite countertops, dark wood cabinets, stainless steel appliances and luxe lighting. The property is near … Candace covers commercial and residential real estate and sports business.

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Chinese developers face debt pressures
www.scmp.com

According to Centaline Property Agency, the country's 10 major developers including Evergrande, China Vanke and Poly Real Estate spent about 135 billion yuan (HK$170.4 billion) on land acquisitions in the first seven months of this year, compared with …

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Can coffee and pastries bring new scent of success to struggling sliver of …
www.newsworks.org

The exterior of the old post office remains in excellent condition, and the original stepped entrance to the center of the building facing Germantown Avenue will be restored, said Brad Copeland, MAUSA's director of real–estate development. "We think …

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Azbuka Vkusa to Buy Moscow Region Retail Chain for $120M
www.themoscowtimes.com

High–end supermarket chain, Azbuka Vkusa, is planning buy a chain of supermarkets in the Moscow region, the first such acquisition in Azbuka's 22-year history, a source familiar with the negotiations said Monday. The eight stores in Azbuka's sights …

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Work continues to turn former Sheehan Memorial Hospital into Compass East
www.buffalonews.com

“We are in the midst of a controlled mess,” said James Dentinger, president of McGuire Development, the real estate arm of nursing-home operator McGuire Group. “It's quite an undertaking.” The front lobby is being redesigned with more color … Two …

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